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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 413.19+1.1%4:00 PM EST
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To: TobagoJack who wrote (21292)8/16/2007 2:07:23 PM
From: carranza2   of 219035
 
Where is the fire?

In the browned-out and poop-stained pin striped trousers of central bankers around the globe who have seen their combined injection of 1/3 of trillion dollars worth of cash into the credit markets do zip, nada, zero.

Not even the central bankers can control this thing. And its just the beginning.

You'll notice that the big American banks are doing fine, the very smart money, Buffet, Soros, etc., are buying them with gusto and abandon. These banks are well capitalized, and will survive because if anyone is going to be saved by the Fed, it is them. They are as vital to us as the Navy.

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